On June 6, the Publicity Department of the CPC Central Committee held "China in the Past Decade" press conference to introduce the situation of "Implementing the strategy of innovation-driven development and building China's strength in science and technology."
2.79 trln yuan, 2.44%
China's investment in research and development (R&D) increased from 1.03 trillion yuan in 2012 to 2.79 trillion yuan in 2021, with the R&D investment intensity increasing from 1.91% to 2.44%.
12th
China rose from 34th in 2012 to 12th in 2021 in the Global Innovation Index (GII) released by the World Intellectual Property Organization (WIPO).